BBIG website, page-32

The takeover offer at 1.3 cent offer was recommended to be initially recommended to be rejected by the Board and the offer time was extended due to a poor uptake, the offer was subsequently raised 2.5 cents and even that time was extended. Once they passed the 50% mark the offer was closed. It wasn't so much blocked as in it was just plainly rejected by many shareholders.

The OA proposal in late 2015, which was not a take-over but an offer to acquire a "substantial asset" from FMS, was clearly and deservedly blocked and that blocking move was achieved solely by the efforts of FMSU at the time.